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Oil shipments from Georgia’s Batumi port down 38.4 pct yr/yr

Oil and related shipments from Georgia’s Black Sea port of Batumi in the first 11 months of the year were down 38.4 percent from a year earlier, a senior official at the terminal, operated by Kazakh KazMunaiGas , said.

The official gave no reason for the fall, but state company KazMunaiGas has rerouted some shipments to the Baku-Tbilisi-Ceyhan pipeline this year.

January-November shipments of crude oil and refined oil products from Batumi totalled 1.887 million tonnes, down from 3.064 million tonnes a year earlier, the official said.

Shipments in November fell to 144,376 tonnes from 235,798 tonnes a year earlier but were up from 144,298 tonnes in October, said the official, who asked not to be identified.

The terminal shipped 3.377 million tonnes of oil and oil products last year, down from 3.616 million tonnes in 2015.

Crude and refined oil products from Azerbaijan, Kazakhstan and Turkmenistan are shipped out of Georgia’s Black Sea ports of Batumi, Supsa, Poti and a terminal in Kulevi.

Some products are transported across the Caspian Sea in small tankers, unloaded in the Azeri port of Baku and then sent by rail to Georgian ports for export to the Mediterranean.
Source: Reuters (Reporting by Margarita Antidze; editing by David Evans)

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